A gang in Bengaluru has been busted for defrauding people through WhatsApp and Telegram messages, promising high returns on small investments. The gang was involved in over 5,000 financial crimes, amounting to Rs 850 crore, across the country in the past two years. The modus operandi involved luring victims to invest small amounts by promising daily profits. The police have arrested six individuals and are searching for three more suspected masterminds. 84 bank accounts linked to the gang have been identified and around Rs 5 crore has been frozen.
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